Lot Purchasing Options in Estate Communities

You’ve finally decided to create the custom home of your dreams and have chosen the perfect area in which to build it. You can envision the superior quality of your new home with its high-end features and finishes, entertaining outdoors, and gathering friends for an elegant holiday party. You’ve considered everything on the inside of your new home, but have you thought about the lot on which it will be built?

Your new home’s surroundings can really complete the ambience. Consider the things you love to do. Do you like to throw extravagant barbecues? You’ll need the sun to stay out longer in the back yard meaning you’ll need it to be south or west facing. Does your custom design feature a balcony off the master bedroom - where you choose to have your morning coffee? Ensure this balcony faces east so you can enjoy the sun as it rises for the day. Do you love a view of trees or mountains, or prefer open space? These are all items to consider when selecting your lot, and your custom builder has different options to help you along the way.

There are two types of lots your builder will be able to offer you: pre-purchased and pooled.

A pre-purchased lot is one where the builder has chosen and purchased a selection of lots from the land developer based on the size and position of the lot. The builder will base their selections on what they believe their customers will want. These are the most readily available lots, as the builder already owns them by the time you are ready to build your home.

A pooled lot is a lot that is available to all builders within the community and is only purchased once a customer has selected it. There is usually more variety in the range of lot sizes, types, and positions available, thus a pooled lot may suit your needs better than a pre-purchased lot. This type of lot allows you to choose more intimately the land on which you wish your house to be situated.

Land developers provide your builder with detailed information about the plans for the land within the community you’ve chosen. This allows you to envision how your home’s surroundings will look over time. The position of the sun, tree-backing lots, mountainous backdrops, or even open green space can be driving factors to making your lot selection.

Whether you’ve considered the direction your home will face, the view you want to wake up to, or the backdrop of your new home, considering all of your lot selection options will provide you with the best landscape you can wish for. Speak to your custom builder about which options are available in your community of choice, and let them help you make the best decision for your dream home.